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Lithium Carbonate Prices To Extend Gains Amid Bullish Sentiment

iconMay 15, 2023 16:34
Source:SMM
SHANGHAI, May 15 (SMM) - The prices of lithium carbonate extended gains last week.

SHANGHAI, May 15 (SMM) - The prices of lithium carbonate extended gains last week. Brisk inquiries and inventory depletion of some lithium salt plants have eased the current inventory pressure. Rising lepidolite costs encouraged smelters to hold back cargoes. Salt lake auction fuelled bullish sentiment. The price rise is set to continue in the short term amid bullish sentiment.

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